Why ServiceNow Soared 12% Higher Last Month
Enterprise software company (NYSE: NOW) was a winner in July. This was mostly because it delivered a beat-and-raise second quarter during the month, although a general rebound in beaten-down software stocks also helped. All told, across all of July ServiceNow's share price rose by 12%.
ServiceNow's earnings report was impressive from the get-go. It began with the company's note that it beat its own guidance on several key metrics, including revenue growth and profitability.
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Source Fool.com
ServiceNow Inc. Stock
€110.45
1.840%
The stock is one of the favorites of our community with 121 Buy predictions and 4 Sell predictions.
With a target price of 131 € there is a slightly positive potential of 18.61% for ServiceNow Inc. compared to the current price of 110.45 €.
